Star Data Acquires Dataline As Consolidation Hits North Of The Border
THIS WEEK'S LEAD STORIES
Toronto-based Star Data Systems Inc. has acquired Mead Corp. unit Dataline Inc., also of Toronto, in an exchange of stock. No cash changed hands in the deal. The two competitors are expected to trim staff and plant where economies can be achieved. The quote services of the two companies will be combined.
"We're not in the business of losing money," comments Mead spokesman Jim Joseph. Dataline had an unspecified loss on C$17 million in revenues in 1989. Mead, which acquired Dataline for $10.1
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Most read
- Deutsche Börse democratizes data with Marketplace offering
- Sell-Side Technology Awards 2024: All the winners
- Sell-Side Technology Awards 2024: Best sell-side front-office platform—Bloomberg